Non technical explanation of the block chain concept underlaying the Bitcoin network. This video is meant for people who want to get a grasp of this new technology. Video Rating: / 5 Continue Reading...

For years, futurists and developers sought to create a truly digital currency. Finally, in 2009, they succeeded, with Bitcoin. Their secret? The blockchain. Now, the very institutions Bitcoin sought to sidestep or overturn — governments and big banks — are coopting that technology. Watch more: https://www.youtube.com/playlist?list=PLHRxVckaE8daSH4OEReWshCKWu3iIOIS- Trust Disrupted is based on the book Digital Gold […] Continue Reading...

Blockchain and digital health services could be an ideal match for each other throughout a range of applications. From distributed interoperable health records to evidence of adherence for medication, the healthcare market is ripe for digital innovation. More usually, technology is a hyper-deflationary force, and this could be particularly efficient in providing quality health care through more effective channels such as mobile apps.Investments in the

digital health area have actually increased considerably in the past two years. This is largely possible because of improved low-power sensing units and user-friendly cloud platforms that user interface with those hardware gadgets. The Rock Health Funding Database shows a$4.5 billionboost in venture funding in digital health from 2014 to 2015. Smart contract innovation is constructed on top of virtual currencies such as Bitcoin and is a trademark of”Bitcoin 2.0″ platforms. Blockchain is the fundamental infrastructure required for Bitcoin transactions to work, and an allowing technology for the next generation of asset-based platforms.A smart agreement is just a piece of code that is stored on the blockchain. It can be set off by specific

blockchain deals and, in return, checked out or compose information to that blockchain. The rise of wise agreements can be comprehended in the structure explained by Carlota Perez in her exceptional book, Technological Transformations and Financial Capital: The Dynamics of Bubbles and Golden Ages.Essentially, the majority of technological revolutions have 2 stages: the very first where the groundwork is done, called the setup phase, and the next, focused on innovating and developing on the groundwork, called the deployment stage. For instance, in the setup stage of the Web revolution, many business built the core infrastructure making the Internet readily available to the basic public. In the deployment phase, business started building applications on top of the infrastructure such as social networks services. Blockchain development remains in the setup phase and clever agreements will belong to the deployment of its infrastructure.There are four major locations where the blockchain and clever agreements can end up being deeply incorporated into digital health.Smart Home Management: Tracking Medication Blockchain can bring the very same level of trust and accountability to supply chains as it does with currency or financial assets. The decentralized management of a pharmaceutical supply chain through tamper-evident technology can be really useful in tracking fake drugs. This use case is a supply chain issue that was raised by Primrose Mbanefo from Accenture in a working group conference of the Hyperledger Project.Mbanefo explained that customers want peace of mind for that the drugs they take in fact contain the active ingredient and in the appropriate proportions as advertised. According to Mbanefo, the counterfeiters are cannot include the correct amounts of active components in medications and this issue can be attended to by making the supply chain more transparent. The blockchain could provide proof of origin to verify that a certain delivery of drugs really came from a defined factory or manufacturer.IBM also is dealing with the issue of supply chain transparency through independently deployed blockchains for an enterprise. With the addition of Watson, supply chains can be managed as a wise building that self-reports, proving the credibility of a drug at every phase of its manufacture, shipment and ultimate consumption.Public Health Banks For a client checking out the hospital, there are accurate records on the

symptoms and conditions, tests ordered, treatments provided and the outcome. In the near future, records on patient treatment strategies could be launched(upon approval)anonymously into public health banks, which are decentralized networks where information is managed and coordinated through a blockchain.Then, public health organizations can form wise agreements with these health

banks to relay alerts or prospective risks to partner hospitals or doctor. For such a health bank, accessing info would be inexpensive or totally free, but posting or broadcasting to all nodes would cost considerably more. In this way, the network can sustain itself through income from its partners. From the client side, this process is very little various from inspecting a box to”send out anonymous usage data”that we

frequently perform in apps today. The information available from such a health bank can provide population data and trends that might not be visible from a”micro-scale”view of specific patients.Aside from the data, the blockchain can assist in an electronic health record (EHR)system that can manage access to information between several parties at the scale of a health bank. Currently the Accuracy Medicine Effort is developing the innovation core and infrastructure that would power the collection and storage of biological data( such as conditions and treatments )of more than a million volunteers.Universal EMRs: Health XML Presently, all medical records related to clients are stored in closed databases called practice management suites. Most medical facilities and

personal clinics utilize various suppliers for their practice management suites and many of them maintain that data in silos. Recently, there has been more of a push to move this information into the cloud in a format called Electronic Health Records (EHRs). The hope is that the use of EHRs will standardize the storage of patient information and enable for much better interoperability between various healthcare organizations.This procedure will likewise make it frictionless for clients to access their own medical information– like sharing a collection of photos by means of Google Photos. The administrator simply chooses the data objects that the patient requested and creates a connect to share them. This distinct link will be sent to the patient, and she or he can open it as much as view all the information launched by the hospital.The blockchain can be used to handle the distribution of those encrypted datalinks per patient based on addresses. The infrastructure for storage (the blocks) can be built in such a manner that each block corresponds to a particular type of information, for instance, tagging a block with metadata to separate a block saving links for scans from another block storing the links for medication. Then the front-end wallet could recover these blocks and utilize the metadata as a health-XML language to put them together in a patient profile. Easy deals can be used to confirm the client and unlock each block, assembling that profile for a client in a secure manner.Once the data remains in the cloud, a range of calculations can be carried out on it. In the future, physicians can recommend making use of devices like Fitbit for enhancing personal health. Smart agreements can be implemented on individual fitness data and function as a rewards program for enhancing health per visit to the doctor.Proof-of-Adherence Recent studies in mobile health on management of persistent conditions and medication through apps has brought attention to smartphone-enabled medication adherence programs. The objective of these programs is to provide a self-management structure for clients that leads them to just the ideal level of medication based upon their physiological information. These programs are ending up being effective; if clients do not experience severe adverse effects

, they show high-levels of adherence toward their medication [1] Many of these programs are either powered by text or utilizing basic server-client mobile apps. As the clients go through those programs, a remarkable quantity of data is immediately tape-recorded on patient habits. This information is more assessed

to establish best practices and patterns.An extension to the health-XML idea discussed above can be used to run these clinical trials on a small portion of the population. The clients can be divided into cohorts based on their physiology and the data can then be reported on the blockchain. Some of the labor extensive procedures can be changed or partially automated based upon recommendations made by intelligent agents who read a blockchain and establishing an average baseline for each cohort.These smart agents would be available on-demand and work for a minimal duration of time on a membership basis. The subscription would be powered by a deposit made by the administrator monitoring the cohorts. This bot-economy will use the blockchain as the facilities that the intelligent bots can consume. The more sophisticated bots will be”hired” regularly and, in this manner, companies can design bots adaptively to provide recommendations to the administrator as the information changes.Blockchain-based technologies will become the foundation for digital innovation that can reach millions of lives. An unique mix of artificial intelligence, wise contracts and the blockchain will become the anxious system of our society, helping us live longer and much healthier lives.References [1] McGillicuddy, J.W., Gregoski, M.J., Weiland, A.K., Rock, R.A., Brunner-Jackson, B.M., Patel, S.K., Thomas, B.S., Taber, D.J., Chavin, K.D., Baliga, P.K. and